Stock Market News Updates

Equity funds saw net inflows of Rs.10,083 crore in the month of May-21 as per AMFI data. In the last one year, large cap funds delivered 54%, mid-cap funds 78%...

The World Bank slashed India's GDP forecast for FY22 to 8.3%, a full 80 bps lower than the RBI estimate. It expects the output to be badly hampered by the...

In a significant order, SEBI banned Vivek Kudva of Franklin Templeton and Roopa Kudva, from accessing capital markets for 1 year for redeeming FT units just before the debt funds...

There is good news on the paddy procurement front in Kharif output for 2020-21. For the previous Kharif season 2020-21, the paddy procurement stood at a record high of 805.21...

LIC IPO may finally be on the anvil as the government plans to call for proposals from investment banks for its proposed IPO. The investment banker is likely to be...

The 3-day MPC meet began on Wednesday, which will culminate in the monetary policy announcement on Friday 04 June. The broad consensus estimate is that RBI will maintain status quo...

ITC reported -2.6% lower net profits at Rs.3,755 crore for the Mar-21 quarter as the margins of non-cigarette FMCG business came under pressure. The hotel vertical also made losses on...

India’s GDP growth for the fourth quarter ended Mar-21 came in at +1.6% while the full year GDP contraction for FY21 was better than originally estimated at -7.3%. On the...

The week starting on 31 May is likely to be a data heavy week. The all-important GDP data will be announced on Monday and the RBI monetary policy will be...

Eicher Motors posted net profits of Rs.526 crore for the Mar-21 quarter, up by 73% yoy. Total revenues from operations for the quarter stood 33% higher at Rs.2,940 crore on...

BPCL reported net profits of Rs.11,940 crore in the Mar-21 quarter as against a net loss of Rs.1,361 crore in the Mar-20 quarter. Standalone gross revenues from operations stood 21%...

This seems to be another bumper year for wheat procurement. The ongoing Rabi season has seen a 13% increase in wheat procurement at 390 LMT compared to 344 LMT last...

In FY21, India attracted record FDI inflow of $81.72 billion; nearly 10% higher on yoy basis. Like in the previous year, computer IT and hardware attracted nearly 44% of the...

Century Textiles of the Birla Group is planning to shift its focus from paper & pulp to real estate. It has already lined up Rs.1,000 crore for capital expenditure in...

HPCL Q4 turned to net profit of Rs.3,018 crore on the strength of inventory gains and an improvement in refining margins. HPCL had reported a small loss in Mar-20 quarter....